Short Interest in Hashdex Nasdaq Crypto Index US ETF (NASDAQ:NCIQ) Declines By 84.6%

Hashdex Nasdaq Crypto Index US ETF (NASDAQ:NCIQ) was the recipient of a large drop in short interest in May. As of May 29th, there was short interest totaling 14,715 shares, a drop of 84.6% from the May 14th total of 95,329 shares. Approximately 36.8% of the shares of the stock are sold short. Based on an average daily trading volume, of 20,987 shares, the days-to-cover ratio is presently 0.7 days.

Hashdex Nasdaq Crypto Index US ETF Price Performance

NASDAQ:NCIQ traded down $0.09 during trading hours on Friday, hitting $15.62. 1,956 shares of the stock were exchanged, compared to its average volume of 42,335. The firm’s fifty day moving average price is $18.48 and its 200 day moving average price is $19.98. Hashdex Nasdaq Crypto Index US ETF has a 52-week low of $14.57 and a 52-week high of $34.26.

Institutional Trading of Hashdex Nasdaq Crypto Index US ETF

Large investors have recently made changes to their positions in the company. Compound Planning Inc. acquired a new position in Hashdex Nasdaq Crypto Index US ETF in the 1st quarter valued at $670,000. Baer Investment Advisory LLC acquired a new stake in Hashdex Nasdaq Crypto Index US ETF during the 1st quarter worth $392,000. Virtu Financial LLC purchased a new stake in shares of Hashdex Nasdaq Crypto Index US ETF during the fourth quarter worth $1,611,000. Arax Advisory Partners purchased a new stake in shares of Hashdex Nasdaq Crypto Index US ETF during the fourth quarter worth $31,000. Finally, CWM LLC raised its position in shares of Hashdex Nasdaq Crypto Index US ETF by 398.8% in the fourth quarter. CWM LLC now owns 2,494 shares of the company’s stock valued at $57,000 after buying an additional 1,994 shares during the last quarter.

Hashdex Nasdaq Crypto Index US ETF Company Profile

The Hashdex Nasdaq Crypto Index US ETF (NCIQ) is an exchange-traded fund that trades on the NASDAQ exchange in the United States.